
Cheap Apartments for Rent in Alvord, IA from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Alvord.


The Meadows Apartments

Maple Rock Reserve

Aspen Ridge Reserve

Briarwood Reserve Apartments

Willows South Commons

Whisper Ridge Commons

PowderHaus Apartments & Townhomes

Split Rock Village Apartments & Townhomes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Whisper Creek Village

Sunrise Apartments

The Meadows on Graystone

Silverthorne Flats

Villas at Canyon Creek Apartments

Welcome to Huntington Village

City's Edge

Millstone Commons

HOME - FIELD APARTMENTS I
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Graystone Heights

The Wondery

Harvest Acres

The Bluffs at Willow Run

The Nova

Creekside Commons

Lincoln Heights

The Slate

Whispering Woods
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Graystone Townhomes

Augusta Townhomes

Rosewood Heights Apartments

Oakwood Apartments

Valley Vue Apartments

4801 E 41st St

614 E 6th St

2800 W McClellan St

3008 S Phillips Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

713-715 W 16th St

328 N Blauvelt Ave

605 E 14th St

PrairiE Lofts A and B

403 9th Ave

624 E 14th St

919 S Sherman Ave

2000 S Duluth Ave

906 W 10th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3205 S Covell Ave
Alvord, IA Local Guide

How much does it cost to rent an apartment in Alvord?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alvord Studio Apartments | $904 | $805 | $1,010 |
| Alvord 1 Bedroom Apartments | $1,059 | $775 | $1,723 |
| Alvord 2 Bedroom Apartments | $1,341 | $999 | $3,005 |
| Alvord 3 Bedroom Apartments | $1,654 | $1,290 | $2,785 |
| Alvord 4 Bedroom Apartments | $2,112 | $2,100 | $2,150 |
Browse Top Apartments in Alvord
See all Apartments in AlvordExplore Alvord
Alvord, IA Local Guide
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Cheapest Available Alvord Apartments for Rent and Nearby
 The cheapest available apartment rental in Alvord, IA is a 1 Bed unit found at Harper Point Apartments in the Southeast Sioux Falls neighborhood priced from $775. The Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Alvord apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harper Point Apartments | 1 Bed, 1 Bath | 1BR,1BA | $775 |
| The Meadows Apartments | 411 1 BR | 1BR,1BA | $800 |
| Maple Rock Reserve | Studio Apartment | Studio,1BA | $805 |
| Willows South Commons | Studio | Studio,1BA | $825 |
| Whisper Ridge Commons | Studio (A) | Studio,1BA | $859 |
| Aspen Ridge Reserve | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $865 |
| PowderHaus Apartments & Townhomes | Studio Apartment (A) | Studio,1BA | $885 |
| Split Rock Village Apartments & Townhomes | Apartment Studio | Studio,1BA | $895 |
| Whisper Creek Village | Studio | Studio,1BA | $895 |
| Silverthorne Flats | 1E | Studio,1BA | $950 |
Best Value Apartments for Rent in Alvord, IA and Nearby
As of July 01, 2026 the best value apartment in the Alvord area is the $0.97 price per square foot 3 bedroom 2.5 bath Model at Central Park Village in the starting from $1,718. The second greatest value Alvord apartment is the 3 Bedroom 2.5 Bathroom Model at The Berg starting at $1,649 with a $1.03 price per square foot . Here is today’s list of the best values for Alvord apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Central Park Village | 3 bedroom 2.5 bath | 3BR,2.5BA | $0.97 |
| The Berg | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.03 |
| Sundance Ridge Townhomes | 3 Beds, 2.5 baths | 3BR,2.5BA | $1.15 |
| Graystone Townhomes | 3 Bedroom, 2.5 Bathroom | 3BR,2.5BA | $1.25 |
| The Meadows on Graystone | 3 Bedrooms / 2 Bathrooms | 3BR,2BA | $1.07 |
| Valley Vue Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.19 |
| Augusta Townhomes | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.23 |
| HOME - FIELD APARTMENTS I | 2BR/1.0BA | 2BR,1BA | $1.12 |
| Sunrise Apartments | 1B/1B | 1BR,1BA | $1.25 |
| Harper Point Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.25 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alvord, IA Rentals by Map
See the most popular apartments and homes in Alvord, IA
Frequently Asked Questions about Cheap Alvord Apartments
What is the Cheapest Studio apartment in Alvord?
Currently the most affordable Cheap Studio Apartment in Alvord is at Maple Rock Reserve listed at $805.
How much is rent for a Cheap One Bedroom Alvord Apartment?
The lowest price for a Cheap One Bedroom Alvord Apartment is $775 at Harper Point Apartments.
What is the lowest price for a Cheap Two Bedroom Alvord Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alvord is starting from $1,044 at Sunrise Apartments.
What is the most affordable Alvord Three Bedroom Apartment?
The best deal on a cheap Alvord Three Bedroom Apartment rental is at Briarwood Reserve Apartments and starts from $1,290.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.